Key Takeaways
- • US crypto ETFs closed the week of October 19-24, 2026 with a net gain of $87.64 million, despite a $132.54 million outflow on Friday alone.
- • Spot Bitcoin ETFs took in about $308.99 million net over the five days, led by BlackRock's IBIT with $565.67 million in inflows.
- • Spot Ether ETFs recorded net outflows of $220.66 million, with BlackRock's $ETH fund leading withdrawals at $233.19 million.
- • Bitcoin traded near $80,693, down 2% in 24 hours, as AI spending concerns and geopolitical tensions weighed on markets.
- • Flow data points to uneven, product-specific investor demand rather than a clear market-wide rotation out of crypto.
Summary
US crypto exchange-traded funds lost $132.54 million on Friday, October 24, yet the week still closed $87.64 million in positive territory, according to Cryptonews.net. Combined flows swung sharply day to day: +$406.86 million on Monday, October 19; +$15.21 million on Tuesday; +$543.06 million on Wednesday; -$744.95 million on Thursday; and -$132.54 million on Friday. Total weekly inflows reached $671.03 million against outflows of $583.39 million. The prior week had closed with a net outflow of $600.9 million.
Bitcoin funds attracted about $309 million over the five days, while Ether funds shed $220.66 million, even as both coins declined. Spot Bitcoin ETFs were led by BlackRock's IBIT, which recorded $565.67 million in inflows. These gains were partly offset by outflows from Fidelity's FBTC ($116.60 million), 21Shares' ARKB ($99.64 million), Grayscale's GBTC ($51.87 million) and Bitwise's BITB ($18.41 million). On the Ether side, BlackRock's $ETH fund led withdrawals at $233.19 million, while Grayscale's $ETH fund drew $20.63 million and Fidelity's FETH received $16.60 million. Altcoin products were mixed: Grayscale's Zcash trust gained $20.57 million, while Solana funds lost $17.25 million and Hyperliquid funds lost $15.22 million.
At press time, Bitcoin was around $80,693, down 2% over 24 hours, amid concerns about AI spending and rising geopolitical tensions. Ethereum was down more than 1%. The article also noted that global stock markets had lost about $10 trillion from their yearly highs, with South Korea down 43%, Indonesia 42.39%, Turkey 29%, China 19%, Hong Kong 18%, Japan 15.45%, India 10.84% and the US 2.95%. Brent crude reached its highest level in almost seven months, and President Donald Trump said the US may carry out another operation against Iran shortly after the US market closed.
The article notes one interpretation of the data: institutions may be reducing riskier crypto exposure, favoring Bitcoin as a reserve-style asset while treating Ethereum as a higher-beta bet on network activity, a view consistent with IBIT's inflows and ETHA's losses. However, the publication cautions that the weekly figures show demand remains uneven across products, and that the data reflects differing investor demand rather than a clear market-wide shift toward or away from crypto.
Bitcoin funds attracted about $309 million over the five days, while Ether funds shed $220.66 million, even as both coins declined. Spot Bitcoin ETFs were led by BlackRock's IBIT, which recorded $565.67 million in inflows. These gains were partly offset by outflows from Fidelity's FBTC ($116.60 million), 21Shares' ARKB ($99.64 million), Grayscale's GBTC ($51.87 million) and Bitwise's BITB ($18.41 million). On the Ether side, BlackRock's $ETH fund led withdrawals at $233.19 million, while Grayscale's $ETH fund drew $20.63 million and Fidelity's FETH received $16.60 million. Altcoin products were mixed: Grayscale's Zcash trust gained $20.57 million, while Solana funds lost $17.25 million and Hyperliquid funds lost $15.22 million.
At press time, Bitcoin was around $80,693, down 2% over 24 hours, amid concerns about AI spending and rising geopolitical tensions. Ethereum was down more than 1%. The article also noted that global stock markets had lost about $10 trillion from their yearly highs, with South Korea down 43%, Indonesia 42.39%, Turkey 29%, China 19%, Hong Kong 18%, Japan 15.45%, India 10.84% and the US 2.95%. Brent crude reached its highest level in almost seven months, and President Donald Trump said the US may carry out another operation against Iran shortly after the US market closed.
The article notes one interpretation of the data: institutions may be reducing riskier crypto exposure, favoring Bitcoin as a reserve-style asset while treating Ethereum as a higher-beta bet on network activity, a view consistent with IBIT's inflows and ETHA's losses. However, the publication cautions that the weekly figures show demand remains uneven across products, and that the data reflects differing investor demand rather than a clear market-wide shift toward or away from crypto.
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